Morning Links: 19 September 2007

Vanguard Health Systems narrows loss in 4Q, Genesco deal unlikely to fall apart says columnist, Clarcor a stock to watch for Wednesday according to analysts, First Acceptance tweaks credit facility, and more...

Email | Print By Walker Duncan

Revenues rise 4.7 percent for Vanguard Health Systems in the fourth quarter, up to just over $651 million — net loss for the quarter was $9.6 million, down from $13.6 million in the same quarter last year

Despite the fact that the Genesco deal remains in limbo due to nagging concerns about the company’s financial strength, one columnist claims that talk of scuttling deals is typically more threat than reality

Analysts expect Franklin's Clarcor to post earnings of 49 cents per share today — earnings to be posted after the market closes

First Acceptance Corp. amends its credit facility reducing maximum borrowing capacity from $5 million to $2 million — new agreement also requires the company to make a principal prepayment on its term loan facility of at least $6 million by Dec. 31, 2007

President Bush nominates Bill Frist to the board of Millennium Challenge, an aid program that seeks to encourage democracy and openness in poor countries — nomination must still be confirmed by the U.S. Senate